Principal Specialist, Program Cost Controls

Welcome to Raytheon Technologies, a company dedicated to providing innovative and cutting-edge solutions for our customers. We are currently seeking a highly skilled and experienced Principal Specialist, Program Cost Controls to join our team. In this role, you will be responsible for overseeing the cost control processes and procedures for a variety of programs. Your expertise will play a crucial role in ensuring the success and profitability of our projects. We are looking for a detail-oriented individual with a strong background in cost control and financial analysis. If you are a driven and analytical professional with a passion for achieving results, we encourage you to apply for this exciting opportunity.

1. Develop and implement cost control processes and procedures for all assigned programs.
2. Monitor and track project costs, including labor, materials, and other expenses, to ensure accurate and timely reporting.
3. Analyze project budgets and expenditures to identify potential cost savings and areas for improvement.
4. Collaborate with project managers and other team members to ensure that cost control strategies align with project timelines and objectives.
5. Prepare regular reports on project costs and progress, and present findings to senior management.
6. Identify and mitigate potential risks and issues related to project costs, and recommend solutions to address them.
7. Conduct regular audits to ensure compliance with cost control processes and procedures.
8. Provide guidance and support to project teams on cost control best practices.
9. Stay up-to-date on industry trends and best practices in cost control and financial analysis.
10. Participate in cross-functional meetings and initiatives to drive continuous improvement in cost control processes and procedures.
11. Mentor and train junior team members on cost control principles and practices.
12. Collaborate with finance and accounting teams to ensure accurate and timely project cost reporting.
13. Ensure compliance with all company policies and procedures related to cost control.
14. Participate in the development and review of project budgets and forecasts.
15. Maintain strong relationships with internal and external stakeholders, including project managers, vendors, and customers.

According to JobzMall, the average salary range for a Principal Specialist, Program Cost Controls in Arlington, TX, USA is between $75,000 and $115,000 per year. This may vary depending on factors such as the specific company, years of experience, and additional skills and qualifications.

The Raytheon Company is a major US defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. United Technologies Corporation was an American multinational conglomerate headquartered in Farmington, Connecticut. It merged with the Raytheon Company in April 2020 to form Raytheon Technologies.